Economics in many cases is an exact science, but usually it is a practical one that has applications. Thus there are some practical goals that need to be answered with the use of economics and an easy to summarize form of them are the five fundamental questions of economics. 3 of the choices above are such fundamental questions; determining the way of production, the receiver of the production as well as the ways in which the economic system can change are of fundamental importance to the science of economics. The other 2 questions are: What products will be produced ? and How can we foster progress?
Choice d is a pretty important question too (that falls somewhat under a) but the fact that it mentions the government specifically makes it less general than the other propositions so it is not a fundamental question.
Answer:
B) indirectly contribute to the country's productive capacity.
Explanation:
Financial assets are non-physical assets whose value is determined by contractual rights, e.g. cash, stocks, bonds, bank CDs, etc.
Financial assets indirectly contribute to the country's productive capacity since they allow individuals and businesses to invest in other private firms and government securities. This increases the amount that private firms and government can invest or spend.
Number of shorts sold=xnumber of Jeans sold =y 100 items were sold x +y=100 eq 1x=100-y The shorts sold for $15 each, and the jeans sold for $28 per pair.Sales of denim shorts and denim jeans for May totaled $1,955. 15x+28y=1955 eq 2
substitute the value of x in second equation 15(100-y) +28y=1955 1500-15y+28y=1955 13y=455 y=35 x=100-35=65 Number of shorts sold=x=65
number of Jeans sold =y=35
Answer:
$41,125
Explanation:
The calculation of semiannual interest period is shown below:-
Interest = 8% ÷ 2 = 4%
Interest paid = $1,050,000 × 4%
= $42,000
Premium on bonds amortization = (($1,060,500 - $1,050,000)÷ 12)
= $10,500 ÷ 12
= $875
Interest expense = Interest paid - Premium on bonds amortization
= $42,000 - $875
= $41,125
So, for computing the interest expense we simply deduct the premium on bonds amortization from interest paid.
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